BOMBAY STOCK EXCHANGE

Spelling more trouble for India's second largest IT exporter Infosys, Barclays Capital cut its ratings for the company's shares to equal weight from overweight, citing disappointing first quarter earnings.

India's industrial output growth rose in May to 2.4 percent, exceeding analysts' expectation of 1.8 percent and as compared to a dismal growth of 0.1 percent registered in April.

Infosys Technologies Ltd, India's second largest software services firm, Thursday reported 33 percent rise in net profit for the first fiscal quarter ending June 31, 2012, supported by the appreciation and depreciation of the rupee, and met analysts' expectations.

MCX Stock Exchange (MCX-SX) is all set to become India's third full-fledged stock exchange as it got license from the Securities and Exchange Board of India (SEBI) to trade in new asset classes, including equities, futures and options and other products.

The Indian rupee Monday breached the 56-mark to reach 56.03 against the dollar on weak global cues and heavy demand for the U.S. currency from banks and importers.

The Indian rupee continued its downward slide for the fifth consecutive day Friday to set the record low of 57.23 against the U.S. dollar in afternoon trading.

India's BSE Sensex rose Wednesday following positive cues from Asian markets and the rupee gaining.

India's BSE Sensex rose Tuesday, tracking positive cues from other Asian markets and following recovery staged by the rupee.

Bombay Stock Exchange's benchmark Sensex and NSE's Nifty opened on a negative note and continued in the red in the morning session Monday, weighed down by a slump in the FMCG and consumer durable shares.

Bombay Stock Exchange's benchmark Sensex and NSE's Nifty opened in red in the morning session Wednesday, weighed down by a slump in the shares of Tata Motors. The choppy trading continued with India's largest automaker being the top loser in the BSE with a 9.03 percent or 24.80 points decline.

Bombay Stock Exchange's Sensex and NSE's Nifty were trading with moderate gains in morning session Tuesday. Auto, IT and capital goods stocks were trading higher while the consumer durables and FMCG shares were trading negative.

Indian markets opened on a positive note Monday as Bombay Stock Exchange Sensex was trading at 16,360.34, 142.52 or points 0.90 percent up from the previous close and NSE Nifty was at 4,965.20, up 44.80 points or 0.80 percent, in the morning session.

Bombay Stock Exchange Sensex started on a negative note Friday and was trading in the red in the morning session.

The Indian rupee descended to the all-time-low of 56.04 per dollar Wednesday even as the Reserve Bank of India and the Indian government said that they were monitoring the situation closely and taking corrective measures.

Bombay Stock Exchange's benchmark Sensex fell Tuesday by more than 145 points, or 1 percent, as the rupee tumbled to a record low of 55.39 against the dollar.

The Indian rupee Monday touched a record low of 55 against the dollar because of the strong demand for dollar from importers, weak global cues and delay over policy reforms from the government.

Bombay Stock Exchange's Sensex lost more than 100 points Monday afternoon trade as the slump in European markets and a worse-than-expected inflation for April hit the markets hard.

Bombay Stock Exchange (BSE) sensex closed at a four month low by shedding nearly 67 points on Wednesday as weak global trends triggered heavy fund outflows.The BSE bench mark 30 share index lost 66.60 points to reach 16,479.59, dragged down by sharp declines in Reliance industry and banking stocks. Reliance Industries dropped for the sixth day by losing 1.91 per cent to Rs 695.10 after it cut the estimates for actual natural gas reserves available in its Indian blocks.

Indian stock markets gained Friday as shares of ICICI Bank and Axis Bank rallied ahead on expectations of good quarter four earnings.

Indian software giant Tata Consultancy Services Ltd (TCS) shares gained 12.4 percent in Mumbai trading on Tuesday morning, piggybacking on the company's robust outlook and a 23 percent surge in fourth quarter profits.

Asian stock markets ended lower on Monday as manufacturing data from China failed to ease concerns over a slowdown in the world’s second biggest economy.